The internet links the Earth's economies.
Answer:
Explanation:
Direct Material $165,000 (195,000 - 30,000)
Direct labor $110,000 (150,000 - 40,000)
Overhead $165,000 ( 110,000 * 150%)
Total cost $440,000
Work in progress transfer = $15,500 + $440,000 - $27,000 = $428,500
Answer:
The information that is being communicated is controversial
Answer:
The preparation is shown below:
Explanation:
The preparation of the month of June income statement for Crane Company is shown below:
Crane company
Income statement
Revenue
Service revenue $7,900
Total revenues $7,900 (A)
Less: Expenses
Supplies expense $1,155
Maintenance and repairs expense $690
Advertising expense $400
Utilities expense $210
Salaries and wages expense $1,100
Total revenues $3,555 (B)
Net income $4,345 (A- B)
And, the preparation of the retained earning statement is presented below
Crane company
Retained Earning statement
For the month of June
Beginning balance of retained earning $0
Add: Net income $4,345
Less: Cash Dividend paid -$1,738
Ending balance of retained earning $2,607
The intrinsic per share stock price be immediately after the distribution will be 7.00
= (1000-300)/100
=7.00
A stock's intrinsic value is its true value. This is calculated based on the monetary benefit you anticipate receiving from it in the future. To put it another way, it is the highest price at which you can purchase an asset without incurring a loss when you sell it later.
Intrinsic value is a philosophical concept in which the worth of an object or endeavor is derived independently of other extraneous factors. Financial analysts create models to estimate what they believe to be the intrinsic value of a company's stock, which is separate from its perceived market price on any given day.
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